Didero Secures $30M to Accelerate AI-Driven Procurement Automation for Manufacturers and Distributors

Didero, a New York-based software company utilizing AI agents to automate enterprise procurement, has announced a $30 million Series A financing round led by Chemistry and Headline, with participation from M12, Microsoft's Venture Fund. The funding will aid product development and expansion as manufacturers and distributors integrate Didero to streamline procurement operations, improve visibility, and enhance global supply chain resilience.

Didero's AI agents work within existing systems and communications, gaining contextual understanding of products, pricing, policies, and historical order data to handle core procurement workflows like supplier communication, order tracking, and exception handling, ultimately reducing operational overhead. The company's integration-first approach has attracted significant interest from investors and is seen as a potential game-changer in the domain of supply chain automation.

The company's focus on customer adoption and execution has garnered praise, particularly within the Microsoft ecosystem. Didero plans to bolster its teams in product development, engineering, go-to-market strategies, and customer enablement to cater to the rising demand. The company aims to extend its platform to support additional workflows such as sourcing and payments in the future. With over 30 customers to date, Didero has already made a significant impact in modernizing procurement operations for manufacturers and distributors, offering notable speed and efficiency in automation. Didero's AI-driven approach has been acclaimed by industry professionals for its swift execution and tangible impact on procurement tasks.